- Bitcoin has broken above a key descending trendline, signaling a bullish shift supported by MACD crossovers across multiple timeframes.
- With strong consolidation above $84,000, BTC is poised to target $85,800, $87,000, and possibly $88,500 today.
Bitcoin (BTC) has officially broken out of a descending resistance line that has capped price action since December 2024, signaling a significant shift in sentiment. This trendline, originating near the $110,000 level, had been a strong ceiling for months. As of today, April 19, 2025, BTC is trading above $84,900, confirming the breakout with a powerful daily candle close. The technical move paves the way for either a full trend reversal or a solid relief rally in the coming sessions.
Daily MACD Crosses Into Bullish Territory
Momentum is clearly turning in favor of the bulls. The MACD on the daily chart has just delivered a bullish crossover—its first in weeks. This signal often precedes upward price action, and the histogram’s rising slope suggests growing buying interest. As long as Bitcoin holds above the $80,000 support zone, bullish traders remain in control.
4-Hour Chart Builds a Bullish Flag Formation
Zooming into the 4-hour chart, BTC has formed higher lows and is now consolidating above the $84,000 level. This pattern resembles a bullish flag—a setup that typically leads to continuation. A breakout above $85,200 could unlock higher targets, with $87,000 and $88,500 coming into focus.
1-Hour Chart Shows Tight Range, Ready to Pop
The 1-hour chart shows BTC trading between $84,400 and $85,200 in what appears to be an ascending triangle pattern. As Bitcoin prints higher lows within this tight range, pressure is building for another breakout. The MACD on this timeframe supports the intraday bullish trend, with green histogram bars gradually expanding.
Bitcoin Price Prediction for April 19
All signs point to upside potential. Bitcoin is primed to test $85,800 (TP1), with $87,000 (TP2) and $88,500 (TP3) possible if bullish momentum continues. Ideal entries lie between $84,500 and $85,300, while protective stop-losses below $82,800 help manage risk. With strong MACD signals and consolidation near breakout levels, traders can look forward to a potentially explosive move today.
